Egyptian Prime Minister Mostafa Madbouly inaugurated four major industrial projects on Sunday with total investments exceeding $153m, marking a significant expansion of manufacturing capacity in the Suez Canal Economic Zone (SCZONE). Madbouly noted that the solar complex supports Egypt’s 2030 vision to become a regional hub for green energy. The Prime Minister also inaugurated the $20m Xin Jin integrated textile, printing, and dyeing complex. The 20,000-square-metre facility has an annual production capacity of 60m metres of fabric and 10,000 tonnes of yarn. Ahmed Antar, chairman of Mexicano, informed the Prime Minister that 70% of the factory’s output is exported, with a specific shipment currently being prepared for Jordan.

Egypt’s Minister of Culture Ahmed Fouad Hanno has inaugurated the Farouk Hosny Museum in Cairo’s Zamalek district, describing the preservation of creative memory as a fundamental pillar of cultural work. The opening ceremony for the museum, which showcases the work of the artist and former minister of culture, was attended by several ministers, ambassadors, and cultural figures. “Art is a great reality that flits between dreams and wakefulness; it touches us, yet we cannot grasp it,” Farouk Hosny said at the event. The museum, which operates under the Farouk Hosny Foundation for Culture and Arts, features a selection of the artist’s works reflecting his various aesthetic transitions and creative stages. The ministry statement described the museum as a living cultural project that seeks to revive aesthetic dialogue and establish art as a sustainable human value.

Egypt and the World Bank are discussing the expansion of innovative financing tools and investment guarantees to mobilise private sector capital and support structural reforms, the Ministry of Planning, Economic Development and International Cooperation said on Sunday. Al-Mashat stated that Egypt has adopted an approach that links development financing for budget support to specific, measurable reforms. The two sides discussed increasing the use of investment guarantees, particularly through the World Bank’s unified guarantee platform. The ministry noted that these tools aim to attract large-scale investment into infrastructure and local development without adding direct burdens to the state budget. Regarding local development, Al-Mashat highlighted the results of the Upper Egypt Local Development Programme.

Egyptian Foreign Minister Badr Abdelatty on Sunday urged the country’s private sector to form strategic alliances and consortia to enhance their competitiveness and expand Egypt’s economic presence across the African continent. This effort involves removing procedural and regulatory obstacles and opening channels of communication with relevant authorities to facilitate the entry of Egyptian companies into African markets. The meeting included an exchange of views on how to maximise economic opportunities and mechanisms to enhance private sector participation in investment projects. Participants discussed the importance of integrating diplomatic movements with economic efforts by intensifying the participation of private sector representatives in foreign visits and economic missions. This coordination is intended to bolster the access of Egyptian companies to African markets and establish long-term partnerships that serve shared interests.

Venezuela has unverified amounts of minerals, metals and potentially rare earth elements, experts say. Many of these regions have guerrilla soldiers and armed groups engaging in illegal gold mining, experts say. Energy-intensive rare earths mining can also harm the environment. Critical minerals and rare earth elementsThe US Geological Survey designates 60 “critical minerals” vital to economic and national security. The list also includes 15 rare earth elements, such as cerium, dysprosium, neodymium and samarium.

Kyiv —Russia fired a hypersonic Oreshnik missile at a target in western Ukraine overnight Thursday, near the border with NATO member Poland, in what has been labeled a brazen “warning” to the wider continent and the United States. While Russia did not confirm the target of the Oreshnik missile fire, the country’s Ministry of Defense noted a “massive strike with high-precision long-range land and sea-based weapons, including the Oreshnik mobile medium-range ground-based missile system,” in a statement on Friday. The Ukrainian security service identified parts of the nuclear-capable hypersonic Oreshnik missile system that Russia launched on the western Lviv region overnight. The three leaders agreed that “Russia’s ongoing attacks in Ukraine, including of the use of an Oreshnik intermediate-range ballistic missile in Western Ukraine this morning, were escalatory and unacceptable,” according to a Downing Street statement. Serhii Okunev/AFP/Getty ImagesMoscow has depleted Ukrainian energy systems in recent weeks, against the backdrop of a biting winter freeze and failed diplomatic efforts to end the nearly four-year full-scale invasion.

Tehran will treat US military and commercial bases as targets for retaliation if Washington intervenes militarily in unrest-hit Iran, its hardline parliamentary speaker has warned. “If the US takes military action towards Iran or the occupied territories, the US military and shipping centers will be considered legitimate targets,” Mohammad Baqer Qalibaf said. “We do not limit ourselves to only reacting after an action has been taken,” he added. The warning came after US President Donald Trump reiterated his threat to attack Iran if authorities used force to quell a growing wave of nationwide protests sparked by frustration against the government.

EgyptAir has unveiled its new plan for 2026, which includes expanding its network and opening new direct international routes. EgyptAir is working to add several new international routes, leveraging the modernization of its fleet with modern, long-range aircraft. Among the most prominent routes expected to launch is direct flights between Cairo and the US. EgyptAir is preparing to launch the Cairo-Los Angeles route starting in May 2026, making it one of the longest direct routes in the company’s history. Regionally, EgyptAir has already begun operating the Alexandria-Benghazi route since December 2025 with two weekly flights, supporting travel between Egypt and Libya and facilitating travel for passengers and businesspeople.

Egypt secured a semi-final berth in the Africa Cup of Nations against Senegal after defeating Ivory Coast 3-2 in their quarter-final match on Saturday evening. The match took place at the Adrar Stadium in Rabat, Morocco. Egypt’s goals were scored by Omar Marmoush, Rami Rabia, and Mohamed Salah in the fourth, 32nd, and 52nd minutes, respectively. Ivory Coast’s goals came from an own goal by Egypt’s left-back, Ahmed Fatouh, in the 40th minute, and a strike by Guéla Doué in the 73rd minute. Egypt and Senegal are scheduled to meet in the semi-finals on Wednesday, January 14, 2026, at 7:00 PM Cairo time.

CAIRO, Jan 11 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty held a meeting with Qatari Minister of State for Foreign Affairs Sultan bin Saad bin Sultan Al Muraikhi on the sidelines of the extraordinary meeting of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) in Jeddah. The meeting tackled ways to promote bilateral cooperation between the two brotherly countries in different fields. During the meeting both sides exchanged viewpoints regarding the developments of regional issues of common interest.

CAIRO, Jan 10 (MENA) – Prime Minister Mostafa Madbouly Saturday inspected five healthcare projects with a total investment cost surpassing LE 25 billion. He added that the aforementioned facilities visited are expected to be finalized this year or early next year and will then be integrated into the insurance system following accreditation. Development work is being carried out while hospitals remain operational, making the process more complex than building new facilities, Madbouly said. The tour also included Om al-Masryeen Hospital and the almost completed Bolak El-Dakrour Hospital, which is equipped in line with the latest international standards and supported by trained medical teams providing round-the-clock care. Madbouly said that the projects aim to rapidly expand access to advanced healthcare within the universal health insurance framework, adding that once operational, they will markedly improve medical services for citizens across Egypt.

The finished chamber totals 596 seats, comprised of 568 elected seats alongside additional presidential appointments that bring the full tally to its current size. Election officials say the extended process was part of legal reviews, although it made this the longest modern parliamentary voting exercise in recent Egyptian memory. The confirmed tally gives the pro-government coalition the two-thirds parliamentary threshold required to pursue constitutional amendments under the rules now in force. On individual-seat results reported by election authorities, the coalition grouped under a National List for Egypt captured 164 individual seats. Official SIS figures place independents at 105 individual seats, and the National List reportedly lost 82 individual-seat contests to independent candidates.

Egypt’s Chamber of Tourism Establishments and Restaurants has announced a one-year extension, giving owners of fixed floating restaurants and establishments until 31 December 2026 to regularise their legal and technical status. The decision follows ongoing coordination between the Chamber and the General Authority for River Transport, under the Ministry of Transport. He said the decision balances the interests of floating restaurant owners, the tourism sector, and visitor safety and service quality. Under the new regulations, owners must prepare a detailed technical assessment conducted by a consulting office accredited by the General Authority for River Transport. He said continued collaboration with the River Transport Authority made the extension through the end of 2026 possible.

Ahmed Kouchouk, Minister of Finance, said the Egyptian economy is showing signs of improvement, affirming the ministry’s commitment to continuing fiscal facilitations without imposing additional burdens on investors or citizens. He noted that any fiscal space generated from real economic activity would be channelled towards sectors that directly affect people’s lives. He added that the ministry plans to expand funding for technical education, aiming to build strong partnerships with the private sector that support manufacturing, boost exports and provide a skilled workforce. Kouchouk said exports of goods and services are expected to become the main driver of growth and competitiveness in the Egyptian economy. He added that the second package of tax facilitations focuses on providing further incentives and support to long-standing and committed partners.

He added that Luxor also offers promising opportunities in agriculture and agro-processing, particularly in the desert hinterland, in addition to other investment sectors. During the meeting, available investment opportunities in the governorate were reviewed, highlighting the main sectors open to investment, including tourism, agriculture, education and other fields. An investment opportunities guide has been prepared for Luxor, and unused land and state-owned assets have been identified, including 25 unutilised assets to be offered to investors. The presentation outlined 47 investment opportunities across the governorate, some of which have already been contracted, while others are in the process of preparation. In response, the minister affirmed that the current Investment Law provides a comprehensive package of incentives designed to encourage investment.